The National Stock Exchange (NSE) has achieved a valuation of approximately Rs 4.72 lakh crore based on the weighted average share price of transactions conducted over the past 12 months. The latest valuation highlights the growing investor interest in the country's largest stock exchange as it moves closer to a long-awaited public listing.

According to transaction data, the weighted average acquisition cost of NSE shares stood at Rs 1,909 per share over the last one year. In comparison, the weighted average acquisition cost during the previous three-year period was Rs 229.23 per share, indicating a substantial appreciation in the exchange's market value.

The exchange's valuation has surged by more than 660 percent over the past three years, driven by robust financial performance, increasing participation in India's capital markets, and expectations surrounding its proposed initial public offering.

NSE is reportedly working towards securing the necessary regulatory approvals for its IPO. Market estimates suggest that the public issue could raise around Rs 30,000 crore, potentially making it one of the largest IPOs in Indian capital market history.

Investor interest in NSE's unlisted shares has remained strong in recent years as market participants anticipate value unlocking through a public listing. The exchange continues to maintain a dominant position in India's equity derivatives and cash market segments, benefiting from rising retail participation and sustained growth in trading activity.